Centrelink referring Twitter users to Lifeline amid debt-recovery efforts – The Sydney Morning Herald

Amid growing controversy about Centrelink’s new automated debt recovery methods, the agency is using Twitter to refer welfare recipients to a crisis support hotline and offer assistance from trained social workers. Centrelink has been sending out 20,000 debt-compliance letters a week since the Turnbull government introduced a new computer-based compliance system in July, up from…

Discoms get relief as State takes over debt servicing – The Hindu

“; var device = “”; for ( var type in WFClientTypeDef) { if (window.matchMedia(WFClientTypeDef[type]).matches) { switch (type) { case “xlarge”: device = ‘desktop’; break; case “large”: device = ‘desktop’; break; case “medium”: device = ‘tab’; break; case “small”: device = ‘mobile’; break; } break; } } var writeOnDocument = true; var skipOnDeviceValue = “[medium, small]”;…

Venture debt firm InnoVen Capital forms syndicate to help fund cash-starved startups – Economic Times

BENGALURU: Funding winters and the investor sentiment in 2016 saw multiple growth-stage companies turning to venture debt to tide over the hard times. The absence of a traditional credit line from institutional investors like banks has seen these smaller companies diluting precious equity for working capital and other needs. In order to streamline the process…